Top Crypto News in Asia: Sept 9- Sept 12

There have been a number of media news this week claiming that China’s ban on crypto has been circumvented by VPN and Stablecoins, while folks are going outside of mainland China to do crypto transactions. This is not a surprise to us, and is similar to what we predicted in our previous post when the bans were initially announced.

In fact, while we are speaking, the Shanghai Blockchain Week is going on with lots of activities happening. Bitmain CEO Jihan Wu spoke at the conference making predictions for the next decade of blockchain development. He predicts that within a decade, the global blockchain users may exceed 1 billion.

Even more interestingly, iQiyi, the Netflix equivalent of China, is airing a live series that follows a crypto enthusiast in China who is looking to survive 21 days in Beijing merely living on 0.21 bitcoin, without any help or donations. The story is also being covered by China Daily, a state-run media outlet.

You can see in the iQiyi video that the girl runs around asking all the vendors whether they accept bitcoin as her days are being filmed and streamed.

Do you think she’ll survive?

Here is a clue: she is now up to day 15.

🌟 Top News in Asia from Monday to Wednesday

We have partnered with Hong-Kong based Blockcrunch and 500 startups to sponsor the launch of 500 Blockcrunch, a crypto educational miniseries. The team just released a 30 minute episode covering blockchain scaling, which you can on Apple, Spotify, Overcast and Stitcher. Be sure to check it out!

⁦MaltaStock Exchange ⁩announces MOU with crypto giant ⁦Binance⁩, to set up a security token exchange. http://bit.ly/2p2Trzu

*China Media * Caijing, the Chinese financial news site, has acquired the official documents from the court. It ruled that Bitmain’s lawsuit claim on former director of design Yang Zuoxing for patent infringement was rejected. Google translated media | initial story covered by Coindesk

Dovey Wan, formerly investment partner at DHVC, and Eric Meltzer, formerly investment partner of INBlock, have just announced their new fund Primitive Ventures. http://bit.ly/2p1TxaH

OKCoin’s founder Star Xu has been released from a police department in Shanghai after 24 hours assisting an investigation into investors’ accusations that OKEx manipulated bitcoin futures on its platform. http://bit.ly/2p2dNJq